HANOI — Vietnam imported petroleum mainly from ASEAN and South Korea in the first seven months of 2017, which together accounted for 91 per cent of petrol imports. Statistics from the General Department of Vietnam Customs show that the country imported 5.1 million tonnes of petroleum from ASEAN and 1.72 million tonnes from South Korea […]
Read MoreCanada on Tuesday urged the Cambodian government to continue its reforms to facilitate trade and investment, particularly in the garment sector. Donica Pottie, the Canadian ambassador to Cambodia, made the call when she paid a courtesy visit to Commerce Secretary of State Ok Boung at the Ministry of Commerce. Ms Pottie commended Cambodia for its […]
Read MoreNon-performing loans (NPLs) in the small and medium-sized enterprise (SME) sector are expected to peak at 4.6-4.7% of outstanding loans this year, thanks to a recovery in private consumption and stricter commercial bank lending criteria, says TMB Analytics. “We expected this year to be the end of the SMEs’ NPL upsurge cycle, with bad SMEs loans to […]
Read MorePublic debt-to-GDP ratio fell by more than 1 percentage point in June due to a drop in borrowing, according to the Public Debt Management Office. Public debt dropped by 162 billion baht to 6.19 trillion, representing 41.5% at the end of June from 42.9% at the end of May, said Theeraj Athanavanich, a bond market […]
Read MoreThe government’s national policy on housing will take into account the country’s urbanisation and urban migration. Myanmar’s commercial capital will need 1.07 million housing units by 2040 and the entire country will require an additional 4.8 million units by then, according to an official from the Ministry of Construction. The whole country will need 4.8 […]
Read MoreForeign direct investments (FDI) in labour-intensive activities such as garment exports should be actively promoted from China and elsewhere in order to facilitate Myanmar’s economic transformation, according to the latest briefing paper published by a UK-based think tank. The study called for an expansion of training in the garments sector to tackle shortages of high-level […]
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Thailand
